Top 10 Multibagger Stocks in India (2019–2024) | Returns & Dividend Data

Looking for life-changing returns? Here are the top 10 multibagger stocks from 2019 to 2024—with massive growth percentages and dividend payouts. Perfect for long-term investors who want proven, powerful picks.

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1. Force Motors

Return: ~1,868% (turned ₹1 lakh to ₹19.7 lakh) 0 Why: Strong OEM partnerships with BMW, Mercedes-Benz. Dividend: Regular payouts—but check FY reports for exact figures.

2. Aditya Vision

Return: ~20,483% (₹1 lakh became ₹2 crore) 1 Why: Consumer electronics retail boom from Patna—explosive gains. Dividend: Limited info; primarily growth-focused.

3. Polycab India

Return: 745% over 5 years, share price jumped from ₹538 to ₹4,544 2 Why: Leader in cables & wires, sustained earnings growth. Dividend: Consistent—check annual record for exact payouts.

4. Rathi Steel & Power

Return: ~700% (₹4 → ₹32 over 5 years) 3 Why: Small-cap breakout candidate, still in bull-run. Dividend: Data scarce—focus remains on capital gains.

5. Lloyds Metals & Energy

Return: ~4,775% in 3 years (₹14.7 to ₹716) 4 Why: Steel-sector revival drove returns. Dividend: Likely irregular—historical statements needed.

6. Jupiter Wagons

Return: ~2,342% in 3 years 5 Why: Railway rolling stock demand surge. Dividend: Likely negligible due to reinvestment phase.

7. Jindal Stainless Steel (JSL)

Return: ~1,690% in 5 years 6 Why: Benefited from high domestic steel demand, cost efficiencies. Dividend: Historical payouts available in annual reports.

8. Deepak Nitrite Ltd

Return: ~1,583% over 5 years (₹122 → ₹2045) 7 Why: Specialty chemical growth since pandemic & exports. Dividend: Modest dividend—refer investor presentation.

9. GE Vernova T&D (in Nifty 500)

Return: ~1,773% in 2 years 8 Why: Heavy electrical equipment provider riding infra recovery. Dividend: PSU-like payouts—check quarterly results.

10. Kfin Tech (IPO Stock)

Return: ~295%+ since IPO (₹366 → ₹1444) 9 Why: Strong share registrar business with recurring revenue. Dividend: Some interim payouts possible.

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How to Invest in Multibagger Stocks Safely

1. Check financial health—ROE, debt, profit consistency.
2. Prefer companies with good management & business tailwinds.
3. Diversify, don’t go all-in on one multibagger.
4. Use SIP or staggered buying—even in 2025, these stocks can still be DIY picks via Angel One.

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Disclaimer: Multibagger stocks carry higher risk. Not all will repeat past performance. Do your own research before investing.